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Budget 2024

Budget 2024: Double PM Mudra loan threshold of Rs 20 lakh a reality now

Budget 2024: Double PM Mudra loan threshold of Rs 20 lakh a reality now

Fri, Oct 25, 2024

A limit applicable to loans for SMEs under the 'Tarun' category of the PM Mudra scheme has been doubled to Rs 20 lakh. The decision was announced by the finance minister in her Union Budget 2024 speech on July 23. Under Pradhan Mantri Mudra Yojana, the higher limit of Rs 20 lakh under the Tarun Plus category will be provided to entrepreneurs who have already serviced their loans under the Tarun category earlier, according to a Ministry of Finance notification. Here are 10 things to know about this big development.

Narendra Modi 3.0 government to borrow 47% of FY25 target in October-March, stays on path laid out in Budget 2024

Narendra Modi 3.0 government to borrow 47% of FY25 target in October-March, stays on path laid out in Budget 2024

Thu, Sep 26, 2024

The central government has announced it will borrow Rs 6.61 lakh crore from October to March, which translates to 47.2 per cent of its total borrowing target for FY25 as set in the Union Budget. These borrowings will be done through dated securities, and the program has been finalised in consultation with the RBI.

SME Express: Post-Budget Trends in the MSME Sector: Impact on Tirupur and Ludhiana?

SME Express: Post-Budget Trends in the MSME Sector: Impact on Tirupur and Ludhiana?

Wed, Aug 07, 2024

Changing trends in MSME sector after the budget? What will be the impact of the budget in Tirupur-Ludhiana? How much support from Credit Guarantee Scheme? Will expansion of SIDBI be helpful? Will there be changes from skilling ecosystem? What are the possibilities for entrepreneurs from e-commerce? Discussion with industry on MSME sector. See...'SME Express'

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Budget 2024: Govt allocates Rs 11.1 lakh crore capex target for FY25; infra-related stocks trade mix

Budget 2024: Govt allocates Rs 11.1 lakh crore capex target for FY25; infra-related stocks trade mix

Thu, Feb 01, 2024

Budget 2024: Following the announcement, civil construction company, GMR Power and Urban Infra Ltd hit the 5 per cent upper circuit on the BSE at Rs 53.67 apiece, and IRB Infrastructure Developers shares gained nearly 3 per cent.

Budget 2024: Fiscal deficit for FY25 pegged at 5.1% of GDP against 5.8% in current fiscal

Budget 2024: Fiscal deficit for FY25 pegged at 5.1% of GDP against 5.8% in current fiscal

Thu, Feb 01, 2024

Presenting the interim Budget 2024-25, Sitharaman said tax receipts for 2024-25 projected is projected at Rs 26.02 lakh crore.

Budget 2024: Govt will spend 11% more on infra projects, to expand EV ecosystem & rooftop solar systems, says FM Sitharaman

Budget 2024: Govt will spend 11% more on infra projects, to expand EV ecosystem & rooftop solar systems, says FM Sitharaman

Thu, Feb 01, 2024

FM said in her speech that the government will also launch a housing scheme for deserving middle class to buy or build their own houses. And added that the government will pursue an economic strategy that promotes long-term development and productivity.

Interim Budget 2024: "25 crore people were taken out of poverty in the last 15 years" FM Sitharaman

Interim Budget 2024: "25 crore people were taken out of poverty in the last 15 years" FM Sitharaman

Thu, Feb 01, 2024

Interim Budget 2024: The government is working on Sabka Saath and Sabka Vikas. Poor, women, youth and farmers are the main priorities of the government. It is important for the country to empower them and work is being done in this direction. In the last 15 years, 25 crore people have been brought out of poverty.

Budget 2024: Union Finance Minister Nirmala Sitharaman's infra push in Lakshadweep to boost tourism

Budget 2024: Union Finance Minister Nirmala Sitharaman's infra push in Lakshadweep to boost tourism

Thu, Feb 01, 2024

Sitharamana's statement holds significance as the government is taking several initiatives to promote tourism in Lakshadweep.

Budget 2024: Railway stocks mixed after Interim Budget announcements

Budget 2024: Railway stocks mixed after Interim Budget announcements

Thu, Feb 01, 2024

Budget 2024: In her Interim Budget speech on Thursday (February 1, 2024), Finance Minister Nirmala Sitharaman said that the central government would build three railway corridors for energy, minerals and cement.

Budget 2024: India close to achieving target of 3 crore houses under rural housing scheme

Budget 2024: India close to achieving target of 3 crore houses under rural housing scheme

Thu, Feb 01, 2024

The government will facilitate high and more resource-efficient economic growth to ensure energy security for the country.

Budget 2024: Government to take up next-generation reforms to facilitate growth: FM Nirmala Sitharaman

Budget 2024: Government to take up next-generation reforms to facilitate growth: FM Nirmala Sitharaman

Thu, Feb 01, 2024

The finance minister also said the recently announced India Middle East Europe Economic Corridor will be a game changer for India.

Working to make India a developed nation by 2047: FM Nirmala Sitharaman

Working to make India a developed nation by 2047: FM Nirmala Sitharaman

Thu, Feb 01, 2024

Presenting the interim Budget 2024-25, Sitharaman also said minimum support prices for 'Annadata' (farmers) have been increased periodically and appropriately.

Opposition MPs say budget will be for elections, claim government is hoodwinking people

Opposition MPs say budget will be for elections, claim government is hoodwinking people

Thu, Feb 01, 2024

The Indian economy is projected to grow close to 7 per cent in the financial year 2024-25 which starts this April, said the Ministry of Finance in a review report. India's economy grew 7.2 per cent in 2022-23 and 8.7 per cent in 2021-22.

Budget 2024: Sensex up more than 100 points during interim budget presented by FM Nirmala Sitharaman

Budget 2024: Sensex up more than 100 points during interim budget presented by FM Nirmala Sitharaman

Thu, Feb 01, 2024

V. K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said while both the Fed decision and the Budget will influence the market today, the focus will be on the Budget.

Budget for world's fastest growing economy: Key numbers to be watched

Budget for world's fastest growing economy: Key numbers to be watched

Thu, Feb 01, 2024

Finance Minister will be presenting the pre-election Budget which would list out achievements of the Modi government in the past 10 years, while giving a glimpse of the future plans to make India a developed nation by 2047.

Budget 2024: Ashok Saigal, Co-Chairman, CII National MSME Council on Union Interim Budget 2024

Budget 2024: Ashok Saigal, Co-Chairman, CII National MSME Council on Union Interim Budget 2024

Thu, Feb 01, 2024

Interim Budget 2024: Ashok Saigal, Co-Chairman of CII National MSME Council, praised the Union Interim Budget 2024 for its favorable measures supporting MSMEs, including enhanced credit access and infrastructure development, which he believes will boost growth and competitiveness in the sector.

Budget 2024: Cabinet clears pre-election Budget 2024-25

Budget 2024: Cabinet clears pre-election Budget 2024-25

Thu, Feb 01, 2024

The interim budget 2024-25 will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.

Interim Budget 2024 HIGHLIGHTS: FM pegs FY25 fiscal deficit at 5.1%, capex at record Rs 11.1 lakh crore, disinvestment target at Rs 50,000 crore

Thu, Feb 01, 2024

Budget 2024 Highlights, Union Budget 2024 Highlights, Budget 2024 Budget speech: Finance Minister Nirmala Sitharaman said the government targets to contain fiscal deficit at 5.1 per cent for the financial year 2024-25, and announced a record annual capex of Rs 11.1 lakh crore. Catch all the highlights of the Interim Budget 2024-25 here.

Budget 2024: Nirmala Sitharaman calls on President Droupadi Murmu before arrival in Parliament

Budget 2024: Nirmala Sitharaman calls on President Droupadi Murmu before arrival in Parliament

Thu, Feb 01, 2024

The interim budget will take care of the financial needs of the intervening period until a government is formed after the Lok Sabha polls after which a full budget will be presented by the new government.

Budget 2024: How increase in standard deduction can give relief to crores of taxpayers? What expert says

Budget 2024: How increase in standard deduction can give relief to crores of taxpayers? What expert says

Thu, Feb 01, 2024

In the old tax regime, there is nil tax up to the limit of Rs 2.50 lakh. From Rs 2.50 lakh to Rs 5 lakh income, there is five per cent income tax on income above Rs 2.50 lakh. Taxpayers under the new tax regime have to pay nil income tax up to the earnings of Rs 2.50 lakh. The tax slab for Rs 2.50-Rs 5 lakh income is five per cent tax on income above Rs 2.50 lakh.

Budget 2024: IMC President Samir Somaiya Urges Government To Simplify Tax Process

Budget 2024: IMC President Samir Somaiya Urges Government To Simplify Tax Process

Thu, Feb 01, 2024

Budget 2024: Samir Somaiya, President of IMC Chamber of Commerce & Industry, shares insights on what he expects from the upcoming Union Interim Budget 2024.

Budget 2024: ASSOCHAM Chairman Rahul Garg Talks on India's Prudent Financial Management

Budget 2024: ASSOCHAM Chairman Rahul Garg Talks on India's Prudent Financial Management

Thu, Feb 01, 2024

Rahul Garg, Chairman of ASSOCHAM, shares expectations for the Union Interim Budget 2024 in Delhi.

Budget 2024 Live Streaming: When and Where to Watch Nirmala Sitharaman's Interim Budget speech Live telecast on TV, Mobile apps, and Laptop

Budget 2024 Live Streaming: When and Where to Watch Nirmala Sitharaman's Interim Budget speech Live telecast on TV, Mobile apps, and Laptop

Thu, Feb 01, 2024

Budget 2024 Live Streaming, When and Where to Watch Union Budget Speech Live: The bilingual app is available in English and Hindi. It can be downloaded on Android, iOS, or from the Union Budget Web Portal (www.indiabudget.gov.in).

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